Industry Voices By Savvy Insightful Passionate MH Professional

vacancy-problem-mhc-md-

Industry Voices By Savvy Insightful Passionate MH Professional

It is Time to Stand Up and Be Counted

By Ken Rishel

Anyone familiar with the Captive Finance Newsletter knows I have very little faith in any government backed chattel finance program coming to fruition or, if it does, being the answer to the manufactured housing industry’s prayers. If it happens, it will only double the current sales volume and that is not enough. However, it is worth some effort to try to make it happen because doubling industry sales is an important thing, even if it isn’t the whole answer. While I still believe that owner assisted financing is the real answer, I am asking you to join me in a last ditch effort to help MHI in their efforts to make this thing work.

For those of you who don’t know, MHI made a plea last week at their Summer Meeting in Washington DC for industry members to email the government and their Congressmen and Senators asking FHFA to not ignore their duty to serve. Greg O’ Berry of Hometown America went even farther and suggested both at the MHI meeting and in this ezine that community owners and operators ask their residents to also email everyone explaining that the value of their investments in their homes would be adversely affected if government backed chattel financing did not come to fruition.

Because I am skeptical about this program ever emerging and because I am so focused on more complete solutions, I have not lifted a finger to help. I have however, come to realize that is the wrong attitude. Nothing is ever won by people finding fault, or not trying to make something work, and I now do not want to feel as if I did nothing when something could make a difference. This manufactured housing industry is something special, and all of us owe it more than we can ever repay. We just need to realize it, and pay up in some measure. I know that, because that is what has kept me running 16 hours a day while being called a fear merchant for the last several years, when I could have been on a beach in Hawaii watching my wife learn the Hula. I know it, but I didn’t act on it when it came to this issue. I am ashamed of my lack of action. To those of you who have already gotten involved, I apologize for my lack of action.

Perhaps it was Greg’s impassioned plea, but it struck me that all of us in this industry, no matter how cynical, could at least stand up and be counted on this issue. As a result, I am emailing everyone that makes sense tonight ( FHFA, Congressmen, and Senators) after I finish this article to you. My question is, “What are you going to do”? Will you make the same effort after reading this? Will you reach out to others and persuade them to do the same? If you are a community owner, operator, or manager, will you follow Greg’s lead and ask your residents to do the same? Will you stand up and be counted?

Ken Rishel of Precision Capital Funding is a leading expert in chattel financing of manufactured homes and in starting and running owner assisted finance operations. His organization was named MHI’s Service Supplier of the Year for 2010, and he authors and publishes the Chattel Finance Newsletter which goes out to over 9,000 people on a monthly basis.

MartinMartyLavinJD-PhotoQuoteDidAnExpertWitnessAssignmentInIndiandaNotImpressedManufacturedHomeCommunityResidentsTreatmentYesCostsMoneyToBePoor

Marty Lavin, J.D., Weighs in on Resident Complaints of Predatory Behavior by Manufactured Home Community Consolidators

Tony, I am not familiar with this situation, other than as the news account details. On the one hand I know from personal experience that …

Read More →
KarlRaddeQuoteSouthernComfortHomesByranTX-rePendingPlanBanMobileManufacturedHomes

Karl Radde – TMHA, MHI, Southern Comfort Homes – Addressing Bryan City Leaders, Letter on Proposed Manufactured Home Ban

To All Concerned [Bryan City Officials, Others]: As the retail location referenced by Mr. Inderman, I would like to take a moment to address the …

Read More →
EdwardAsk-EddieHicksIndustryVoicesManufacturedHousingMHProNews-1

MHC Pro Eddie Hicks, Federal Stalemate, and the 28th Amendment Solution

If you, like me, are somewhat totally perplexed by the apparent “stalemate” our duly elected members of Congress are in, perhaps it’s because in recent …

Read More →
TrailerParkBoysCommentaryAlKempExecutiveDirectorManufacturedHomeParkOwners-AllianceBritishColumbiaDailyBusienssNewsMHProNews-2

“Trailer Park Boys” Al Kemp, Canadian Manufactured Home Community Association, Reacts to Netflix Series

Hi Tony, The short answer is that – at least in Canada – “trailer park” connotes exactly the type of persons portrayed in Trailer Park …

Read More →
TimConnorCSPManufacturedHousingIndustryDailyBusinessNewsMHProNews-2

Social Media, Mass Emails vs. the Personal Touch? Field Testing Business Development Methodologies

As someone who has been selling my services globally for over forty years, I recently decided to dramatically reduce using technology, social media and mass …

Read More →

The Importance for Businesses and Investors in Manufactured Housing for Selecting the Next Supreme Court Justice

Predictability in law is the key to a prosperous Republic. Laws must be interpreted based on the language in them first and foremost. Only, when …

Read More →
FreeTradeOrEconomicWarMartyLavin475-AA

Free Trade or Economic War?

Anyone going to school in the U.S. after WW II has learned the breakdown in world trade was a primary, though not only, cause of …

Read More →
RealEstatePersonnelCanSellMHCASusanBrentonManufacturedHousingIndustryVoicesDailyBusinessNewsMHProNews

Law Allows Real Estate Personnel to Sell Homes in Your Manufactured Home Community

Real estate personnel are now allowed to sell homes in manufactured and mobile home parks without first having to be licensed as a broker under …

Read More →
RevDonaldTyeJr-ManufacturedHousingAdvocateQuickestWayWealthIndustryVoicesMHProNews550

Manufactured Homes – Access & Equity – a Key Cure for America’s Housing Shortages, Wealth-Building Says Activist Donald Tye, Jr.

Manufactured housing could cure most of the ills we have in this country as it pertains to the housing shortage. Why then is it not …

Read More →
MHCommunitiesOfAZNealTHaneyPresidentWhyTheyQuitManufacturedHousingInstituteMHIDailyBusinessNewsMHProNews

State Association Quits Membership in Manufactured Housing Institute (MHI), Explains in Writing, Why?

The manufactured housing industry has long been a mainstay of affordable housing in the United States.  For decades the industry has provided an unmatched quality …

Read More →
GusRodriguezTejasHomesConroeTXIndustryVoicesDailyBusinessNewsMHProNews

“No Greater Resource” in Manufactured Housing Industry

Dear Tony and Soheyla, Thank you for your great reporting on our industry and the challenges we face as independent retailers. There is no greater …

Read More →
EconomicRacismIlGenAssemblyRevDonTyeJr-JDHarperArkp-ManufacturedHousingAssoc-IndustryVoicesMHProNews-2

McCrory Lawsuit – “Significant Victory Against Zoning Discrimination” – Manufactured Homes

The McCrory lawsuit is a significant victory against zoning discrimination that many working families in Arkansas face from cities and towns when they attempt to …

Read More →
Scroll to Top